BASF invests in Jinshan site, China to increase alkoxylate capacity in Asia Pacific. The company acquires land, buildings and assets of SPC, related to alkoxylates production, adjoining the BASF Jinshan site, in order to fulfil the growing demand from customers across Asia Pacific, especially China.
Acquisition will Help Double the Capacity
With the current alkoxylate line in the Care Chemicals Jinshan plant running at full capacity, the acquisition will help double the capacity at Jinshan from end 2020.
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This investment reinforces BASF’s commitment to China and makes Jinshan a significant production base for a range of products across the Care Chemicals portfolio in the region,” said Dr. Stephan Kothrade, president and chairman Greater China, BASF.
Alkoxylation Technology Used in Surfactants
Alkoxylation technology is used in the manufacture of
surfactants that are employed in a wide range of industry segments, including home care, formulations for laundry detergents, surface cleaners and dishwasher detergents, personal care, industrial and institutional cleaning applications.
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We see multiple positive implications with this investment in Asia, including enhancing our supply chain to serve our customers more efficiently, establishing a stronger base for our innovate-to-market approach and providing future expansion possibilities on the site,” said Dr. Rajan Venkatesh, senior vice president, Care Chemicals, BASF Asia Pacific.
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We will focus on maximizing synergies between the existing and new operations and supporting the growth of our customers and the market,” said Dr. Jianwen Mao, vice president, BASF Asia Pacific.
Source: BASF